May 13, 2020

News | Federal Reserve: Fed Chairman Jerome Powell speak live on the economy

Jeff Cox

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Federal Reserve Chairman Jerome Powell was scheduled to speak Wednesday to the Peterson Institute for International Economics. The focus of the speech is on the economy and the damage done during the coronavirus crisis.
Following prepared remarks, Powell will take part in a question and answer session. Market participants are also looking for the central bank chief to address questions over negative interest rates and whether the Fed might deploy them as economic stimulus.
Read more:
Fed’s Barkin doubts likelihood of negative rates even though the market is pricing them in
Coronavirus has taken millions of jobs, but here’s where they’re coming back
Fed outlines terms for lending program and promises full disclosure on PPP recipients

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